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glennmercer glennmercer PRO USDCAD, 240, Long ,
USDCAD: USDCAD: Key Levels to Watch for Potential Entry
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USDCAD, 240 Long
USDCAD: Key Levels to Watch for Potential Entry

Mornin' traders! There are a couple of key levels to watch here on USDCAD. The most important of which to me is the 1.284 area. Before taking a long position I want to see price close the weekend gap and touch the unhit daily pivot for Friday. Since a higher low was created from a bullish impulse, I will be looking for bullish price action (pinbars, engulfing ...

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